Billionaire casino mogul James Packer has stepped down from the Crown Resorts board, effective immediately.
Packer has stated he left the board to focus on new developments in Sydney, Melbourne and Las Vegas.
It comes after the 48-year-old quit as chairman of the casino in August this year.
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“Now is the right time for me to focus my endeavours on my new role with Crown, as I outlined to shareholders when I stepped aside as chairman in August,” he said in a statement.
“I intend to devote my energies to a number of key development projects in Sydney, Melbourne and Las Vegas as well as Crown’s online platforms.”